The board of directors of the corporation shall develop and implement policies that clearly separate the policymaking responsibilities of the board of directors and the management responsibilities of the president and the staff of the corporation.
Tex. Gov't Code § 2306.5547
DIVISION OF RESPONSIBILITY
Added by Acts 2003, 78th Leg., ch. 332, Sec. 13, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.